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    #31
    Originally posted by _V_ View Post


    Nice little earner.
    1 pound in 2000 has devalued by approximately 40%
    I'm alright Jack

    Comment


      #32
      Originally posted by BlasterBates View Post
      1 pound in 2000 has devalued by approximately 40%
      Most probably. This is why cash is trash.
      First Law of Contracting: Only the strong survive

      Comment


        #33
        Originally posted by BlasterBates View Post
        1 pound in 2000 has devalued by approximately 40%
        Jan 2000 1 GBP=2.5 CHF
        today 1GBP=1.2 CHF
        A fall of 52%

        Comment


          #34
          Originally posted by Andy2 View Post
          Jan 2000 1 GBP=2.5 CHF
          today 1GBP=1.2 CHF
          A fall of 52%
          Not good if you are buying a lot of Swiss cheese and watches.
          First Law of Contracting: Only the strong survive

          Comment


            #35
            Originally posted by _V_ View Post


            Nice little earner.
            Yeah I’ll be putting every single penny in diversified property portfolio until it doesn’t matter anymore.
            Planning to retire in 3 years , if only there was no pandemic Brexit and ir35....

            Comment


              #36
              Originally posted by GitMaster69 View Post
              Yeah I’ll be putting every single penny in diversified property portfolio until it doesn’t matter anymore.
              Planning to retire in 3 years , if only there was no pandemic Brexit and ir35....
              And someone that GAS.
              'CUK forum personality of 2011 - Winner - Yes really!!!!

              Comment


                #37
                Originally posted by _V_ View Post


                Nice little earner.
                That's a crap chart - in most places prices won't have changed since 2004 with all the gains between 2000 and 2004 as banks moved from a 3+1 mortgage rate to 3 to 4 joint earnings.
                merely at clientco for the entertainment

                Comment


                  #38
                  Originally posted by eek View Post
                  That's a crap chart - in most places prices won't have changed since 2004 with all the gains between 2000 and 2004 as banks moved from a 3+1 mortgage rate to 3 to 4 joint earnings.
                  any evidence to that statement? in manchester prices are rising like 6% a year for the last couple of years at least and that is what the chart is showing. However blackpool probably has the same 80k properties as 10 years ago still waiting to sell
                  Last edited by GitMaster69; 27 November 2020, 16:34.

                  Comment


                    #39
                    Originally posted by GitMaster69 View Post
                    any evidence to that statement? in manchester prices are rising like 6% a year for the last couple of years at least and that is what the chart is showing. However blackpool probably has the same 80k properties as 10 years ago still waiting to sell
                    UK House Price Index - Office for National Statistics

                    Figure 5 lets you track price changes per region from 2005. I suspect Manchester will get a sharper correction than most if/when it happens.

                    Comment


                      #40
                      Originally posted by _V_ View Post


                      Nice little earner.
                      Very selective choice of "British" cities.

                      Comment

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